KMID vs. WBIF ETF Comparison

Comparison of Virtus KAR Mid-Cap ETF (KMID) to WBI Large Cap Tactical Value Shares (WBIF)

KMID

Virtus KAR Mid-Cap ETF

KMID Description

The fund advisor pursues long-term capital appreciation in the medium capitalization sector while seeking less market risk than the Russell Midcap® Index. The fund advisor invests in medium market capitalization companies believed by Kayne Anderson Rudnick Investment Management, LLC, the fund"s sub-adviser, to be undervalued relative to their future growth potential. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$25.19

Average Daily Volume

13,115

Number of Holdings ^*

* may have additional holdings in another (foreign) market

WBIF

WBI Large Cap Tactical Value Shares

WBIF Description

The investment seeks long-term capital appreciation and the potential for current income, while also seeking to protect principal during unfavorable market conditions. The fund will invest at least 80% of its net assets, plus the amount of any borrowings for investment purposes, in the equity securities of large capitalization domestic and foreign companies which WBI Investments, Inc., the sub-advisor to the fund and an affiliate of Millington Securities Inc., the advisor, believes display an attractive discount in a company's intrinsic value relative to its market price, and up to 20% of its net assets in other tactical investment opportunities.

Grade (RS Rating)

Last Trade

$29.65

Average Daily Volume

1,655

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	KMID	WBIF
30 Days	0.42%	-0.06%
60 Days		2.03%
90 Days		2.58%
12 Months		11.21%

3 Overlapping Holdings

Symbol	Grade	Weight in KMID	Weight in WBIF	Overlap
AME	A	6.31%	1.42%	1.42%
BR	B	2.92%	1.31%	1.31%
WRB	B	2.47%	4.61%	2.47%

KMID Overweight 22 Positions Relative to WBIF

Symbol	Grade	Weight
TDY	B	4.11%
HEI	A	4.06%
EFX	F	3.98%
LII	A	3.97%
WST	D	3.92%
POOL	D	3.92%
ROST	D	3.88%
ODFL	B	3.82%
DPZ	C	3.82%
PNR	B	3.68%
VRSK	B	3.63%
WAB	B	3.57%
BRO	B	3.55%
NDSN	D	3.5%
ROL	B	3.42%
FICO	B	3.28%
BSY	D	3.25%
LPLA	A	3.1%
MSCI	B	2.94%
ALGN	D	2.92%
FDS	B	2.64%
MPWR	F	2.35%

KMID Underweight 41 Positions Relative to WBIF

Symbol	Grade	Weight
EME	A	-4.41%
CI	D	-4.2%
V	A	-4.17%
AMAT	F	-4.05%
ACN	C	-4.03%
PRU	B	-4.0%
CMS	C	-3.96%
MCK	A	-3.91%
UNM	A	-3.69%
VOYA	B	-3.23%
RGA	B	-3.08%
OXY	F	-2.86%
PM	A	-2.13%
MMC	D	-2.12%
MLI	B	-1.74%
ADP	B	-1.56%
AXP	B	-1.52%
NXST	C	-1.49%
LRCX	F	-1.42%
PAYX	B	-1.41%
PRI	A	-1.37%
G	B	-1.34%
TXRH	B	-1.31%
CASY	A	-1.31%
RMD	C	-1.3%
FLTR	A	-0.75%
AGZD	A	-0.74%
FALN	A	-0.74%
SYF	B	-0.72%
ALSN	B	-0.68%
FTSL	A	-0.68%
EQH	B	-0.61%
CBT	C	-0.57%
DOX	D	-0.57%
DCI	B	-0.56%
THG	A	-0.56%
TOL	B	-0.54%
GL	C	-0.54%
ALLE	D	-0.53%
STIP	A	-0.53%
BKLN	A	-0.31%